Texas man pleads guilty in $17M multi-state Ponzi scheme defrauding 40+ victims

The Brief

  • A 40-year-old Katy man pleaded guilty to a near-decade-long investment scheme that defrauded over 40 victims of more than $17 million.
  • The man and his brother used forged documents and false claims of $2 billion in U.S. Treasury bonds to misappropriate funds for personal use.
  • He faces up to 10 years in federal prison, with a sentencing hearing scheduled for May 7.

KATY, Texas A 40-year-old Katy man has pleaded guilty to his role in a decade-long investment fraud scheme that defrauded more than $17 million from over 40 victims.

Near-decade long scam

What we know:

Christopher Knight Lopez admitted to conspiracy to commit wire fraud, according to U.S. Attorney Nicholas J. Ganjei.

According to court documents, from May 2015 through January 2025, Lopez conspired with his brother, Jayson Lopez, and others to defraud clients by providing false information about investment opportunities.

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